Core Viewpoint - The National Pension Service (NPS) of South Korea has initiated a foreign exchange swap agreement with the Bank of Korea to stabilize the Korean won, which has been one of the worst-performing currencies in Asia this year [1][2]. Group 1: Foreign Exchange Swap Agreement - The NPS has started a foreign exchange swap agreement with the Bank of Korea [1][2]. - The NPS has also begun currency hedging transactions with the central bank, although the nature of these hedges (tactical or strategic) has not been disclosed [1][2]. Group 2: Currency Stabilization Efforts - The NPS has reportedly started selling US dollars to support the Korean won's exchange rate [1][2]. - As the largest institutional investor in South Korea, the NPS manages approximately $542 billion in overseas assets and is taking on a greater responsibility for maintaining exchange rate stability [1][2].
韩国国民年金公团启动与央行的外汇互换协议 并开始货币对冲交易
Xin Lang Cai Jing·2025-12-17 14:48